Insider Selling: e.l.f. Beauty (NYSE:ELF) CEO Sells $4,855,570.00 in Stock

e.l.f. Beauty (NYSE:ELF) CEO Tarang Amin sold 47,000 shares of e.l.f. Beauty stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $103.31, for a total transaction of $4,855,570.00. Following the completion of the sale, the chief executive officer owned 134,496 shares in the company, valued at approximately $13,894,781.76. This trade represents a 25.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

e.l.f. Beauty Stock Up 1.9%

ELF stock opened at $104.79 on Thursday. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $147.75. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The firm has a 50-day simple moving average of $98.88 and a 200-day simple moving average of $76.86. The stock has a market capitalization of $6.18 billion, a P/E ratio of 104.79, a P/E/G ratio of 2.90 and a beta of 1.61.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The firm had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. During the same period last year, the company posted $0.89 EPS. e.l.f. Beauty’s quarterly revenue was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities analysts forecast that e.l.f. Beauty will post 2.65 earnings per share for the current fiscal year.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Baird raises price target: Robert W. Baird lifted its target for e.l.f. Beauty from $105 to $120 and maintained an “outperform” rating, implying meaningful upside from recent trading levels. The upgrade signals confidence in the company’s growth outlook and was likely the most immediate catalyst for the stock’s strength. Baird price-target article
• Positive Sentiment: Potential earnings outperformance: Zacks identified ELF as a candidate to beat earnings estimates, citing its earnings outlook and factors measured by the Zacks Earnings ESP model. A potential beat could reinforce investor confidence after the company’s latest quarter exceeded expectations, with revenue up 35.5% year over year and earnings well above consensus. Zacks earnings-beat article
• Positive Sentiment: Analyst support remains favorable: Recent coverage describes e.l.f. Beauty as a stock attracting investor attention, while the broader analyst view remains generally constructive. This supports momentum, although some published consensus targets are below the current market valuation. Broker recommendations article
• Neutral Sentiment: Valuation is elevated: e.l.f. Beauty trades at a substantial premium to some consumer-focused peers, making continued earnings growth important to justify the stock’s valuation. The company’s strong recent revenue growth is supportive, but the premium increases downside risk if results or guidance disappoint. Consumer stock valuation comparison
• Negative Sentiment: CEO sells shares: CEO Tarang Amin sold 47,000 shares for approximately $4.86 million, reducing his direct ownership by 25.9%. The sale may reflect personal financial planning, but insider selling can weigh on sentiment and raises a modest counterpoint to the bullish analyst commentary. CEO insider-sale article

Wall Street Analysts Forecast Growth

Several analysts recently commented on ELF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $64.00 price target on shares of e.l.f. Beauty in a research report on Tuesday, June 16th. The Goldman Sachs Group set a $100.00 target price on shares of e.l.f. Beauty in a research note on Thursday, August 6th. Bank of America upped their target price on shares of e.l.f. Beauty from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Raymond James Financial increased their target price on shares of e.l.f. Beauty from $100.00 to $117.00 and gave the company a “strong-buy” rating in a research report on Thursday, October 1st. Finally, Piper Sandler raised their price target on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $99.94.

Institutional Trading of e.l.f. Beauty

A number of hedge funds and other institutional investors have recently modified their holdings of ELF. BlackRock Inc. acquired a new position in shares of e.l.f. Beauty during the 2nd quarter valued at about $428,262,000. State Street Corp increased its stake in e.l.f. Beauty by 4.2% during the second quarter. State Street Corp now owns 1,874,997 shares of the company’s stock worth $138,647,000 after acquiring an additional 75,842 shares during the last quarter. Geode Capital Management LLC increased its position in shares of e.l.f. Beauty by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 1,040,518 shares of the company’s stock worth $79,138,000 after purchasing an additional 21,016 shares during the last quarter. Primecap Management Co. CA purchased a new position in e.l.f. Beauty during the second quarter worth about $78,202,000. Finally, Capital World Investors lifted its holdings in shares of e.l.f. Beauty by 40.4% in the 4th quarter. Capital World Investors now owns 929,632 shares of the company’s stock worth $70,689,000 after acquiring an additional 267,696 shares during the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skin-care company that develops, markets and sells beauty products through mass retailers, specialty beauty stores, e-commerce platforms and its own websites. Its portfolio includes makeup, skin-care, body-care and related beauty products designed to offer accessible pricing and broad consumer appeal.

The company’s principal brand is e.l.f. Cosmetics, which offers products such as complexion makeup, eye cosmetics, lip products, brushes and skin-care items.